Forex Indicators
Insane Returns? Impossible? Maybe? Yes?
Banks offer about 5.0 percent return annually. Average Mutual Funds about 15 percent return annually. Bonds offer 4.8 percent return. Hedge Funds can yield over 30 percent return with insane risk and luck. All these numbers are wonderful, but is it that difficult or impossible to outperform all of these things, which are presumed to be nice investment tools (excluding hedge funds). Anyone heard of foreign exchange or Forex? It allows you to play with margins of 1:1 up to 400:1, meaning for everyone dollar you put in there, they are willing to back that up with 400x of that amount. Nobody who trades with 400:1 really gets that far, because of the insane downside risk. However, trading with 50:1 have got me really far. Over the past 5 months, I have made consistent gains of Approximately 8 percent a week as a position daytrader. I follow a guided strategy. Based on this, if I invest $2500 over 104 wks, I have: 2500 x 1.08^104 I will have $7,481,877. Unrealistic? Impossible? 5 months Chinese sell-off. The only week that dented my account by 5 percent. That is as much of a DD as I allow. Whenever I lose 5 percent due to fundamentals. I wait out the fundamentals before I enter the market again. Only scenario where my strategy fail is breaking news and breakouts. I don't have to trade breakouts but sometimes I do if I know how it'll go. I do plan to accept clients, but not through Y! Answers. I won't be accepting clients til 2008, since I need 1 year to prove my strategy. Anyways, based on my analysis, I make good money in an uptrend, less money in a downtrend, and tons of money in a trading range.
Public Comments
- good luck
- The higher the return, the higher the risk. ALWAYS. No exceptions. If you get between 8-10 percent on average in any investment, count your blessings.
- Next time you get a margin call that costs you your Lexus, post a note here and let us know how much you lost. I'm not saying you can't win, just that you have to be willing to lose a lot to gain a lot, and it's misleading to dangle these kinds of numbers in front of folks.
- Insane? YES!!!! The playing field is not level in Forex. ///
- When did you begin trading this method? What margin do you use? What was your starting balance? What pairs do you trade? Have you ever had a losing week? What positions did you have between Feb 22nd and March 5th? Most people had a bit of a challenge at that time. How about you? Oh yeah, and how long have you been trading Forex? Where did you get your training? I noticed your posts last week. Are you intending to trade Forex for other people? If you are you should probably provide an email address in your profile. It makes it easier for people to get ahold of you and ask some basic questions.
